503 COTE STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1K0Z8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $499
Subdivision 3502 - Overbrook/Castle Heights
MLS Listing ID X12150861
Bedrooms 5
Half Baths 1
Property Sub-Type Freehold
Property Description
Welcome to 503 Cote Street. A Beautifully Maintained 2019-Built Semi-Detached with Exceptional Income Potential. This property offers incredible flexibility with a legal secondary dwelling unit, each with it's own private entrance. Whether you're looking to live in one unit and rent the other, or rent out both, this property generates approximately $53,000+ in annual rental income.Tenants pay all utilities except water, making this an efficient investment. Each unit is independently heated and has it's own hydro meter, while sharing one water meter. The main (upper) unit boasts a stylish open-concept layout with upgraded pot lights, large windows that bring in natural light, and a modern kitchen featuring stainless steel appliances, a center island, and ample cabinetry. The spacious primary suite includes a walk-in closet and a luxurious 5-piece ensuite with double vanity. You'll also find three additional bedrooms, a full guest bathroom, and the convenience of second-floor laundry. This unit includes both a garage space and surface parking. The lower-level secondary dwelling unit offers a bright, open living space with a full kitchen, one bedroom, a 4-piece bathroom, and it's own laundry and storage area perfect for students, young professionals, or extended family. This unit comes with one surface parking space. Enjoy outdoor living in the private, landscaped backyard, ideal for relaxation and entertaining. The current owner occupies the upper unit, and the lower unit is tenanted for $1850/month. Don't miss this versatile, income-generating opportunity in a fantastic location. Book your private showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Interior
Heating Baseboard heaters
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Building
Story 2
Sewer Sanitary sewer